Crypto Capital involved in a major scandal

Crypto Capital Company president Ivan Manuel Molina Lee has been arrested by the Polish authorities.

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1 Money laundering charges stemming from drugs

2 Crypto Capital provided banking services for several exchanges

2.1 CryptoZZ – The first crypto guide in Romania

The company has collaborated with major exchanges, including Bitfinex, Binance, Kraken and BitMEX. Crypto Capital is the company to which Bitfinex has entrusted $ 850 million and generated the need to cover loan losses from Tether.

Money laundering charges stemming from drugs

According to news published in Poland, authorities have accused Molina Lee of stealing money from drug trafficking. The Polish Ministry of Justice confiscated bank accounts created on behalf of Crypto SP. Z O.O. and NESP SP. Z O.O. The seizure was part of an anti-money laundering operation carried out by the Polish authority.

Polish news station Media RMF 24 said that Molina Lee was arrested by the Polish authorities on charges of “laundering money received from Colombian drug cartels through cryptocurrency exchange”.

According to the National Prosecutor’s Office, the operation against Crypto Capital was “the largest confiscation case in the history of the Polish prosecutor’s office” and has a value of $ 350 million.

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Crypto Capital provided banking services for several exchanges

According to Decrypt, several other major cryptocurrency exchanges, including Binance, Kraken and BitMEX, have also used Crypto Capital’s banking services.

CryptoZZ – The first crypto guide in Romania

Bitfinex had stored $ 850 million, and with the seizure of the accounts, it lost access to this money. Subsequently, the exchange was forced to borrow money from Tether and was accused of misleading New York prosecutors. Bitfinex then organized the sale of LEO tokens to cover losses.